OFF MARKET

721 Sandy Bay Road
Sandy Bay TAS 7005

Bedrooms: 4
Bathrooms: 2
Car spaces: 5
Floor area: 226m2
Land area: 1008m2
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Property Details for 721 Sandy Bay Rd, Sandy Bay

721 Sandy Bay Rd, Sandy Bay is a 4 bedroom, 2 bathroom House with 5 parking spaces and was built in 1957. The property has a land size of 1008m2 and floor size of 226m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
House
Year Built
1957
Floor Size
226m2
Land Size
1008m2
Local Government
Hobart
Lot/Plan
2/73641

Last Listing description (March 2020)

As far as desirable addresses fare, Sandy Bay Road is considered one of the most exclusive within the highly desirable Sandy Bay locale. This coupled with a northerly aspect and commanding views of the River Derwent will hold the opportunity in high demand within the marketplace.

The 1957 Dorney designed home benefits from a flexible floorplan boasting 4 bedrooms, 2 bathrooms, multiple living areas and the advantage of having spacious rumpus room on the ground floor of the property with scope to create a space catering to your personal requirements.

The large and functional 1,012 sqm land plot offers multiple car parking options, both covered and uncovered, and established gardens delivering a relaxed environment perfect for families of various ages to enjoy.

By far the most attractive drawcard to 721 Sandy Bay Road is its magnificent view. The vast north-easterly aspect provides all day sun deep into the home and outdoor decking creates a comfortable space to sit back, relax and admire the yachts and cruise ships seamlessly occupying the River Derwent.

Within close proximity to Long Beach, the Sandy Bay commercial precinct, UTAS faculties, the CBD and premier primary and secondary schooling, it is ideally located for an investor, families of various ages or prospective buyers looking to climb the Sandy Bay property ladder.

As well publicised across the nation, Hobart is experiencing its most dynamic period in the history of the state and Sandy Bay is paving the way with strong capital growth, minimal median days on market and strong demand from a range of purchasers active within the Hobart marketplace.

At a realistic price point, we anticipate significant interest. If you wish to discuss in finer detail or arrange a private viewing, we welcome your call.

Property History for 721 Sandy Bay Rd, Sandy Bay, TAS 7005

A timeline of how this property has performed in the market
Last Sold
$955,000
24 Jan 2020
  • 24 Jan 2020
    Sold for $955,000
  • 15 Jan 2020
    Listed for Sale Early $1,000,000s
  • 12 Nov 1985
    Sold for $102,000
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About Sandy Bay 7005

The size of Sandy Bay is approximately 6.9 square kilometres. It has 14 parks covering nearly 23% of total area. The population of Sandy Bay in 2011 was 11,156 people. By 2016 the population was 11,925 showing a population growth of 6.9% in the area during that time. The predominant age group in Sandy Bay is 20-29 years. Households in Sandy Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sandy Bay work in a professional occupation. In 2011, 63.1% of the homes in Sandy Bay were owner-occupied compared with 61.5% in 2016.

Sandy Bay has 5,841 properties. Over the last 5 years, Houses in Sandy Bay have seen a 37.00% increase in median value, while Units have seen a 19.52% increase. As at 31 October 2024:

  • The median value for Houses in Sandy Bay is $1,320,252 while the median value for Units is $648,147.
  • Houses have a median rent of $620 while Units have a median rent of $495.
There are currently 27 properties listed for sale, and 16 properties listed for rent in Sandy bay on OnTheHouse. According to CoreLogic's data, 184 properties were sold in the past 12 months in Sandy bay.

Suburb Insights for Sandy Bay 7005

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.